Beginners Guide for using the WMA Indicator to Place Quality Orders in Olymp Trade

Weighted Moving Average (also WMA) is a trend indicator used to average the price of financial instruments on trading platforms.

It is a member of the Moving Average family. And like all the other moving averages, it helps identify trend directions showing relevant trend reversal point.

That said, would easily confuse it to SMA or EMA – especially if you are just seeing it for the first time.

Here’s the differential point:

Unlike all the other moving averages, WMA assigns a certain rating (a weight) for each price – adding significance to more recent data points. This makes it the best in the family for analyzing recent prices and for reacting quickly to changes in asset prices.

How to Activate the WMA Indicator in Olymp Trade.

If you already have a trading account, login and follow the instructions below to activate the indicator.